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GOBankingRates
GOBankingRates
Laura Bogart

4 Insurance Mistakes Most People Make — and How To Avoid Them

Jacob Wackerhausen / iStock.com

Purchasing life insurance is one of those milestone moves that makes you feel like a grown-up. It’s a sign that you’re ready to protect your family financially and prepare for the unexpected or even get strategic about how you build long-term wealth. But that doesn’t mean it’s an easy decision. From underestimating your coverage needs to misunderstanding different policy types, even well-meaning individuals can make costly mistakes.

Learn More: Here’s Why You Always Want To Know Your Net Worth, According to a Financial Expert

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